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Our columnist examines the impact of a ruthless corporate titan on the modern economy, wealth distribution, and the business of art.
The night was marked by respectable, but not frothy, bidding. June 29, 2021 Helena Newman, worldwide head of Sotheby’s Impressionist and modern art department, taking the Modern and Contemporary art evening Sale, June 29 2021. Image courtesy Sotheby's. Sotheby’s back-to-back sales of British and modern and contemporary art in London today made a respectable £156.2 million ($217 million) across 83 lots, a total comfortably within the pre-sale estimate of £119.7 million to £170.3 million ($165.7 million to $235.7 million). The British sale accounted for £48 million ($67 million), wit...